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Forum: Idea Exchange
Topic: Salesman Compensation Plans
Topic Posted by: Randy Brooks (broo@localaccess.com )Organization: Lincoln Mercury of Olympia
Date Posted: Wed Aug 12 14:37:34 EDT 1998
Topic Description: I hear a lot of talk about compensation plans> <
Posted by: Anonymous (Askthemoon@cs.com )
Organization:Anonymous
Date posted: Sat Jan 20 20:34:43 2001
Subject: Underpaid?
Message:
I am sorry for the "Anonymous," but as you all know, what we say here could get back to my GM and cause me trouble. I hope you don't mind. Anyway, I need advice! I do Internet Sales and think I am extremely underpaid. I am relatively new to the car biz and really could use some "veterans'" advice.
I get a flat 25% commission, $300 pack on both new and used, don't get paid on any holdback or dealer incentive cash and have a pititful little base salary of $500. I am the only internet person. I work a lot of hours and I work hard. I maintain the website, create e-advertisements, handle all internet sales, all lease returns and lease retention. I sell between 10-20 cars per month (my average monthly sales are about 12). I get good gross on used, but I sell a product that we must give away on the new side. The market just won't bear more than about $500 a copy on new in my market...oh well...back to my subject.
I work hard and make harldly any money...average monthly income is about $2,200 over the last year. I have been at the same dealership for 3 years and am loyal. I have asked for more money, but I can't get anywhere with my owner. What should I do?
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| Michael Hargrove | Sun Jan 21 14:23:18 2001 | ||
| Steve Hiatt | Sun Jan 28 22:09:54 2001 | ||
| HG | Fri May 27 22:24:49 2005 |
Posted by: Mark Ruiz
Date posted: Mon Mar 6 3:24:26 EST 2000
Subject: Pay Plans
Message:
We get 25% after a $200 pack on new cars and a $400 pack on used. Then there are graduated bonuses starting at 8 ($150) 10 ($250) 12 ($350) 15 ($500) 17 ($800) and 20 ($1000). We also have weekend bonuses like everyone else. We get paid on F&I stuff too, but it's tiny.
Posted by: Chris Parra
Date posted: Mon Oct 25 15:28:33 EDT 1999
Subject: Pay Plans - too touchy a subject?
Message:
I noticed there aren't many responses to this topic. Is the subject of pay plans not interesting or is it too touchy a subject to post on the Internet?
Posted by: Arlin Friesen (goose_friesen@hotmail.com )
Organization:Kamloops Mazda
Date posted: Sun Nov 22 23:41:58 EST 1998
Subject: Pay Plans
Message:
I am a Sales Manager. Can anyone sugest a performance based pay plan that will motivate our sales team. I am a believer in you get what you pay for and I want to reward my team with a agressive rewarding pay plan that will motivate and make them strive to be #1.
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| Randy Brooks | Fri Dec 11 0:50:50 EST 1998 | ||
| David Sofi | Fri Apr 2 1:45:43 EST 1999 | ||
| Paul Savage | Fri Apr 2 12:20:17 EST 1999 | ||
| Ken Nix | Wed Jun 21 15:08:49 2000 | ||
| Billy the Kidd | Thu Feb 7 9:46:36 2002 | ||
| Kevin Carpenter | Sun Mar 9 8:13:28 2003 |
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